HFRO is Highland Floating Rate Opportun (Financial Services). Trading at $6.25. Current dividend yield: 7.39%.
Dividend snapshot
| Annual dividend rate | $0.46 |
| Current yield | 7.39% |
| Payment frequency | Monthly |
| Next ex-dividend date | May 22, 2026 |
| Most recent payment date | May 29, 2026 |
| Last payment amount | $0.0385 |
| 5-year dividend CAGR | -12.72% |
| 3-year dividend CAGR | -20.29% |
| Payout ratio | 210% |
| Market cap | $346M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-05-22 | $0.0390 |
| 2026-04-23 | $0.0390 |
| 2026-03-24 | $0.0390 |
| 2026-02-20 | $0.0390 |
| 2026-01-23 | $0.0390 |
| 2025-12-24 | $0.0390 |
| 2025-11-21 | $0.0390 |
| 2025-10-24 | $0.0390 |
About HFRO
Highland Funds I - Highland Opportunities and Income Fund is a close-ended fixed income mutual fund launched by Highland Capital Management, L.P. It is managed by Highland Capital Management Fund Advisors, L.P. The fund invests in fixed income markets of countries across the globe. It primarily invests in floating rate loans and other securities deemed to be floating rate investments, with an emphasis on adjustable rate senior loans to corporations and partnerships. The fund seeks to invest in below investment grade securities. It also invests through derivatives. The fund benchmarks the performance of its portfolio against the Credit Suisse Leveraged Loan Index. It was formerly known as Highland Funds I - Highland Income Fund. Highland Funds I - Highland Opportunities and Income Fund was formed on January 13, 2000 and is domiciled in the United States.
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Data refreshed 2026-05-24. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.